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Gold's highest closing price on record
Gold closed at $3,122.80 per troy ounce on 1 March 2025, up $286.00 (10.08%) from the previous close of $2,836.80.
Notable session: highest close of the month; one of the largest single-day moves on record; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,217.40, making this a +40.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,122.80 per troy ounce on 1 March 2025. That is $286.00 higher than the previous close of $2,836.80, a move of 10.08%.
The gold price rose on 1 March 2025, gaining $286.00 (10.08%) against the previous session's close of $2,836.80.
At $3,122.80 per troy ounce, one gram of pure gold was worth about $100.40 on 1 March 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 March 2025 18k gold was worth about $75.30 per gram and 14k about $58.57 per gram, against $100.40 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 90.6 on 1 March 2025, meaning one ounce of gold was worth roughly 90.6 ounces of silver.
A week before 1 March 2025, gold was around $2,937.60 per troy ounce, so the close of $3,122.80 is a gain of 6.3% over the week.
A month before 1 March 2025, gold was around $2,836.80 per troy ounce, so the close of $3,122.80 is a gain of 10.1% over the month.
A year before 1 March 2025, gold was around $2,217.40 per troy ounce. The close of $3,122.80 therefore represents a rise of 40.8% over twelve months.